The following estimated regression equation is based on 30 observations. y = 18+3.8x1-2.5x2 +7.7x3 + 2.9x4 The values of SST and SSR are 1,802 and 1,755, respectively. a. Compute R² (to 3 decimals). b. Compute R² (to 3 decimals). c. Comment on the goodness of fit. The estimated regression equation - Select your answer- く

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The following estimated regression equation is based on 30 observations.
ŷ 18+ 3.8x12.52 +7.73 +2.9x4
The values of SST and SSR are 1,802 and 1,755, respectively.
a. Compute R² (to 3 decimals).
b. Compute R² (to 3 decimals).
c. Comment on the goodness of fit.
The estimated regression equation - Select your answer -
Transcribed Image Text:The following estimated regression equation is based on 30 observations. ŷ 18+ 3.8x12.52 +7.73 +2.9x4 The values of SST and SSR are 1,802 and 1,755, respectively. a. Compute R² (to 3 decimals). b. Compute R² (to 3 decimals). c. Comment on the goodness of fit. The estimated regression equation - Select your answer -
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 3 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman